SOLD
Sold on 30 Aug 2024 for $650,000

20 Fourth Avenue
Parkside QLD 4825

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 705m2
Land area: 1591m2
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Property Details for 20 Fourth Ave, Parkside

Building Type
Commercial
Floor Size
705m2
Land Size
1591m2
Local Government
Mount Isa
Lot/Plan
3/SP112173

Last Listing description (August 2024)

This complex is well presented and situated in a profile position. It provides a multi-room accommodation facility, ideally suited to company accommodation, individually leased rooms with facilities or easily changed to a Motel.

With 22 rooms in total, there are a few options for configurations! This fantastic property consists of a variety of rooms including:
4 x ensuited rooms

3 x single rooms with a shared toilet and shower
There is a large laundry and storage room
1 x 2 bedroom flat or managers residence.
There are also 2 x 6-bedroom units which consist of:
4 double bedrooms,
2 single bedrooms
a kitchen and sitting area,
and 2 bathrooms,
* all rooms have a TV, bar fridge, beds, linen and all kitchenware.
That's a total of 22 rooms in all!

Other features include:
A commercial kitchen behind the reception area.
Split system air conditioning throughout.
upstairs there is a large recreation room with a kitchen, bar, shower and toilet.
Commercial laundry

Freehold block on 1591sqm of land, Zoned Commercial, Residential Medium

Property History for 20 Fourth Ave, Parkside, QLD 4825

A timeline of how this property has performed in the market
Last Sold
$650,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $650,000
  • 13 Jun 2024
    Listed for Sale $650,000
  • 15 May 2019
    Listed for Sale $800,000 + Applicable GST
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About Parkside 4825

The size of Parkside is approximately 1.5 square kilometres. It has 7 parks covering nearly 12% of total area. The population of Parkside in 2011 was 1,784 people. By 2016 the population was 1,519 showing a population decline of 14.9% in the area during that time. The predominant age group in Parkside is 20-29 years. Households in Parkside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkside work in a trades occupation. In 2011, 53.1% of the homes in Parkside were owner-occupied compared with 48.2% in 2016.

Parkside has 860 properties. Over the last 5 years, Houses in Parkside have seen a 16.73% increase in median value, while Units have seen a -18.27% decrease. As at 31 October 2024:

  • The median value for Houses in Parkside is $253,068 while the median value for Units is $252,065.
  • Houses have a median rent of $460 while Units have a median rent of $320.
There are currently 4 properties listed for sale, and no properties listed for rent in Parkside on OnTheHouse. According to CoreLogic's data, 30 properties were sold in the past 12 months in Parkside.

Suburb Insights for Parkside 4825

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.